The Spurs actually have a ton of options given their current cap situation. Will they be risky or stay the course?

Summer outlook: An all-you-need-to-know guide to the Spurs’ offseason

Great Read by Matthew Tynan :drummer
Warning: Long Read!

The Spurs have always been intently aware of their standing in relation to the luxury-tax threshold, so adapting to the new rules shouldn’t be a terrible issue for a group that has practiced brilliant cap management for nearly two decades. But what should be a concern, to some degree at least, is how other teams decide to approach the situation. San Antonio has two restricted free agents in Tiago Splitter and Gary Neal, so their futures essentially depend on the initial actions of other teams, some with not-so-glamorous track records.

But we’re moving into different times in the NBA. There’s a greater movement toward analytics and, if you believe the new CBA will ultimately be effective, more responsible spending. Of course, the fabric of this league is sewn from the threads of past insane contracts and gaudy payrolls, so only time will tell if general managers and those who advise them have actually gotten smarter.

The Manu Ginobili conundrum
What to do with Tiago Splitter
Who wants to get them some more Gary Neal action?
How the Spurs can make their biggest splash

So, to summarize this scenario:

Stephen Jackson (already gone), Tiago Splitter (renounced rights or lost in RFA), Gary Neal (renounced rights or lost in RFA) and DeJuan Blair (not re-signed) are no longer with the Spurs.
Manu Ginobili accepts a contract worth $5 million (total guess) for 2013-14.

San Antonio would have roughly $11 million to spend in free agency, taking $893,500 rookie wage from 28th pick into account.

Bonner is under contract for nearly $4 million himself, but his salary is not guaranteed for next season. The Spurs can decline their team option on the 33-year-old sharpshooter if they please, and Bonner also remains one of the only amnesty options left on San Antonio’s roster. (If they decline his option, they’ll still owe him $1 million next year, but if they use the amnesty provision, his contract won’t count against the cap at all. He’ll still get paid, but his salary will be off the books.)